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About the company

QBE Insurance Group Limited is an Australia-based company engaged in underwriting general insurance and reinsurance risks, management of Lloyd's syndicates and investment management. The Company operates through five segments: North American operations, which writes general insurance and reinsurance business in the United States; European operations, which writes general insurance business in the United Kingdom and Canada and across mainland Europe, and reinsurance business through offices in London, Ireland, Bermuda and mainland Europe; Australian & New Zealand Operations, which underwrites general insurance risks across Australia and New Zealand; Emerging Markets, which writes general insurance business in North, Central and South America, and provides personal, commercial and specialist general insurance covers across the Asia Pacific region, and Equator Re, which is based in Bermuda and provides reinsurance protection to related entities.

Income statement (AUD)

Year on year QBE Insurance Group Ltd's revenues fell -11.98% from 16.62bn to 14.63bn. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from 742.00m to 687.00m, a -7.41% decrease.View all financials

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